Oct 31
NextEra Inc. urged the Delaware bankruptcy court late Monday not to confirm Energy Future Holdings Corp.’s Chapter 11 plan unless $275 million is held back to cover the breakup fee connected to NextEra’s failed sale deal while the former read more
Oct 31
A Delaware bankruptcy judge on Tuesday reluctantly scheduled a December hearing in the long-running and complex fight between Exide Technologies Inc. and California air regulators over environmental claims, but strongly urged the sides to continue ne read more
Oct 31
Two former executives of bankrupt ITT Educational Services Inc., citing “broad, overreaching theories — often, based on pure speculation,” filed a motion on Tuesday in Indiana federal court seeking to narrow the scope of fraud alleg read more
Oct 31
Second-lien lenders of bankrupt power station owner La Paloma Generating Co. LLC objected Tuesday in Delaware to a motion from senior lenders to enforce a prepetition intercreditor agreement and direct plan distributions to them. read more
Oct 31
The federal board charged with shoring up Puerto Rico’s finances and restructuring its debts said Tuesday that a revised fiscal recovery plan will be put together over the coming months to account for a new reality in the wake of widespread dev read more